MoneyWorks4Me

PVR, INOX Leisure get clearances for merger from BSE, NSE

23 Jun 2022 Evaluate

PVR and INOX Leisure have received clearances for their merger from Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE). The company has received observation letter with 'no adverse observations' on June 20, 2022 from BSE and observation letter with 'no objection' on June 21, 2022 from NSE respectively in relation to the scheme of amalgamation.

A 'no objection' certificate from the exchange is a mandatory step for getting clearance from the National Company Law Tribunal and other regulatory authorities for any scheme of amalgamation. As per the agreement, INOX will merge with PVR in a share-swap ratio of 3 shares of PVR for every 10 shares of INOX.

PVR is the largest and most premium film exhibition company in India. Since its inception in 1997, the brand has redefined the way entertainment is consumed in the country.

PVR Inox Share Price

1253.40 22.50 (1.83%)
26-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
PVR Inox 1253.40
Saregama India 497.50
Shemaroo Entertain. 124.70
UFO Moviez India 66.18
Balaji Telefilms 95.33
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: